GM Financial uses net proceeds from securitization transactions for long-term financing of its receivables. The securities will be issued via an owner trust, AmeriCredit Automobile Receivables Trust 2012-4, in seven classes of notes:

Note Class

Amount

Average Life

Price

Interest Rate

A-1

$

191,100,000

0.18 years

100

.00000

0

.30000%

A-2

462,000,000

0.99 years

99

.99656

0

.49%

A-3

270,280,000

2.26 years

99

.98423

0

.67%

B

99,470,000

3.04 years

99

.98102

1

.31%

C

123,480,000

3.59 years

99

.98550

1

.93%

D

121,430,000

4.04 years

99

.96607

2

.68%

E

32,240,000

4.05 years

99

.98364

3

.82%

$

1,300,000,000

The weighted average coupon on the notes to be paid by GM Financial is 1.5 percent. The note classes are rated by Fitch and Standard & Poor’s. The ratings by note class will be at least:

Note Class

Fitch

S&P

A-1

F1+ (sf)

A-1+ (sf)

A-2

AAA (sf)

AAA (sf)

A-3

AAA (sf)

AAA (sf)

B

AA (sf)

AA (sf)

C

A (sf)

A (sf)

D

BBB (sf)

BBB (sf)

E

BB (sf)

BB (sf)

The 2012-4 transaction will have initial credit enhancement of 7.25 percent, consisting of a 2 percent cash deposit and 5.25 percent overcollateralization. Total required enhancement will build to 14.25 percent of the then-outstanding receivable pool balance, which includes the initial 2 percent cash deposit.

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